Fannie Mae (FNMA)

[lookaheadfuture]

Something doesn't make sense here to me.

If the Gov't exercises the Warrants, can they do so without any notice?

If they announce this then probably the share price will immediately drop thereby netting them even less profit.

If they do not announce it then the maximum they can get per share is the market price at that time. If there is no release then most likely the market price will be about what it is today.

Wouldn't it be in the Government's own best interests (AKA the taxpayer) to exercise the warrants at the highest possible price?

So the profit they could potentially make is directly correlated with the share price which, in turn, is directly correlated to whether the twins are released, isn't it?

I don't see them exercising their warrants at today's prices. If they exercise them at all, it must be much more than today's price.

Do you think otherwise?